Summary
- The Reserve Bank of India has introduced the Currency Declaration Form (CDF) as part of the Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2026.
- This amendment mandates that individuals declare foreign exchange brought into India using the CDF when entering the country.
- Passengers must submit the completed CDF to Customs authorities and present it to an Authorised Dealer if required.
- The move aims to enhance regulatory compliance and transparency in monitoring foreign exchange inflows into India.
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